My husband and I are looking for a home wich is the best bank to go with?

gecu approved us for $125 but the're asking for that we have at least 10,000 in the bank we are desperate to get into a new home I already have a home in mind but I am afraid someone is going to buy before i have the money required by gecu should I go with another bank?

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Answers

I agree that you should shop around for the best deal....sounds like you have been doing that. I suggest that you phone Randi Cabrera at Coldwell Banker Mortgage. She is the local representative here in El Paso, and can give you a decision quickly! She can be reached at (915) 261-5907 or at randi.cabrera@mortgagefamily.com. If you are not currently working with a Realtor, please drop me an email or give me a call, I would be happy to assist you in El Paso. Good luck!

I am a mortgage loan officer for State Texas happy to review your financial situation. Sounds as though you are working with local bank demanding you have $10K held at their bank. You could be approved for a loan thru any lender in USA.

Everyone's situation can be different. When you choose a bank you only have access to that bank's products. If you choose a mortgage broker, they work with multiple lenders and can shop around for a loan that best meets your needs and your situation. Of course a mortgage broker charges a fee for their services, but in the long run it can be well worth the additional expense. If you would like to be referred to a mortgage broker that will do a good job for you I would be happy to help you out.